Fat Joe Admits He Lost Millions Over Beef With 50 Cent & Jay-Z

BY Caroline Fisher 1.5K Views
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Fat Joe Lost Millions Beef Hip Hop News
Feb 18, 2024; Indianapolis, Indiana, USA; Recording artist Fat Joe attends the 73rd NBA All Star game at Gainbridge Fieldhouse. Kyle Terada / USA TODAY NETWORK via Imagn Images
According to Fat Joe, lucrative deals with both Air Jordan and Reebok fell through due to his issues with high-profile peers.

Fat Joe has gotten wrapped up in his fair share of feuds throughout his career, and according to him, it didn't come without a cost. During a recent installment of Complex's Sneaker Shopping, he revealed that he lost deals with Air Jordan and Reebok thanks to his beef with 50 Cent and Jay-Z in the mid-2000s.

According to him, his heated run-in with Fif at the 2005 MTV VMA’s left Michael Jordan unwilling to collaborate with him. “Yo, Big Joe, you know, I’m not with controversy. Maybe we look at this in the future," the athlete reportedly told him over the phone.

As for his deal with Reebok, he says it would have earned him millions of dollars, but that it fell through after an executive realized he wasn't on good terms with Jay-Z.

Fat Joe Lawsuit

“Reebok had approached me and was like, ‘Yo, we want to do a sneaker with you for millions.’ I caught the squeeze play cause Hov was over there and 50 Cent," he explained. “They shut it down. They was just like, ‘Yo, we won’t do business with you if you give this guy a sneaker.’ That’s part of the karma. It’s part of the ins and outs. I’ve done it to other guys. It came back to me.”

Beef isn't all that's come at a cost for Fat Joe, however. He's also in the midst of a legal battle with his former hype-man Terrance Dixon, who hit him with a $20 million lawsuit in June. In the suit, Dixon alleges that he witnessed the rapper take part in various illegal activities. Allegedly, this includes sleeping with minors, engaging in intimidation tactics, and more.

Fat Joe has since denied the allegations, proclaiming his innocence in a statement shared on social media. "I've never let anyone on the streets extort me, so how would I ever let a crooked attorney and a coward ex-hype man extort me??" it reads in part. "I'm from the Bronx!"

About The Author
Caroline Fisher is a News Writer at HotNewHipHop from Chicago, Illinois. She started at HNHH this year, and has since spent her time writing about all that is newsworthy in the world of hip-hop. With a drive for hunting down the hottest stories, she enjoys documenting new developments in culture and entertainment. She also has an appreciation for hip-hop and seeks to cover the most important trends and shifts. She has a Bachelor of Arts which she received at the University of Illinois at Chicago. Having graduated in 2022, she majored in English with a concentration in Media, Rhetoric and Cultural Studies. Specializing all things music, pop culture and entertainment, some of her favorite musical artists include Snoop Dogg, OutKast, and Nicki Minaj. When she’s not writing about music she’s also a fan of attending shows, watching the latest movies, staying up-to-date with current events, photography, and poetry.

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